Tag: China

Chinese Police Arrest Scammers Who Were Impersonating Huobi Officers

Chinese police have arrested 12 suspects that were impersonating Huobi officials on the over-the-counter (OTC) website. According to a local news outlet, the group...

The Digital Yuan Might Come Sooner Than Expected

Rumors that the Chinese government is developing a digital yuan have been circulating for more than a year now. Just last year, the deputy...

China Bans Blockchain-Related Firm For Selling Faulty Medical Supplies

Amid the coronavirus global pandemic, every single country is looking to purchase medical supplies to prepare their medical system for the hardship that this...

U.S. Treasury Sanctions Chinese Nationals Who Laundered $100 Million

The U.S. Treasury has sanctioned two individuals who laundered over $100 million in stolen crypto from North Korean accounts. Chinese national Tian Yinyin...

Blockchain Billionaires Up To 6 – Hurun Global Rich List

Despite relatively soft crypto prices in the last two years, the blockchain billionaire count has increased from 5 to 6 in 2020. The...

Mining Centralization Won’t Break Bitcoin – Independent Crypto Research

Independent crypto researcher Hasu argues that mining centralization is not really an issue for bitcoin. According to him, miners are so invested in...

Bitcoin Likely To Hit $27,000 In 2020 – Tom Lee

Bitcoin bull Tom Lee suggests the flagship crypto may gain around 190% after it recently crossed above its 200-day moving average. The Dow...

Bitcoin & Gold Steal The Show As Coronavirus Escalates

Markets appear spooked, and bitcoin and gold are rallying as investors run for cover. Gold and bitcoin are now moving together, which hasn't...

Japan To Launch Its Own Digital Central Bank Currency

Japan is proposing the idea of launching its own Central Bank Digital Currency (CBDC) The move marks the 4th Asian central bank to...

Chinese BTC Miners Ordered To Cut Down On Electricity Consumption

The Chinese government is beginning to worry about the excessive electricity consumption that cryptocurrency mining generates. According to a local news outlet, Bitcoin (BTC)...
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